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Internet of Things: SEP licensing within the FRAND framework
Standardised wireless connectivity enables billions of connected objects such as smart security systems, smart watches, smart meters, connected cars, remote surgery equipment, etc. to form the Internet of Things (IoT). These objects, which can be remotely managed, collect and exchange data using embedded sensors while relying on ICT standards to communicate.
Standards allow businesses of all sizes, especially startups and SMEs, to benefit from economies of scale, to specialise on what they do best and invest in product differentiation. Standards reduce barriers to trade, create open markets and a level playing field, thus spurring competition and innovation. Consumers also reap substantial benefits from standardisation, in terms of lower prices, wider and interoperable product variety and more innovation.
Considering the exponential growth of the IoT, 4iP Council created this page to provide some clarity on certain critical aspects based on academic research, webinars and articles 4iP Council has published since 2015.